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Updates on Outcome of Board Meeting

With reference to the earlier letter dated December 14, 2013 regarding the Board at its meeting held on December 14, 2013 had approved the raising of Bank's equity share of face value of Rs. 10/- with premium on preferential basis and or QIP basis up to Rs. 350 crore, Indian Overseas Bank has now informed BSE that raising of an amount of Rs. 350 crore will be either by way of preferential allotment basis and or Qualified Institutional Buyers basis...
16-12-2013
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Outcome of Board Meeting

With reference to the earlier announcement regarding conveying the decision of the Board at the Meeting held on November 11, 2013 on the Issue of Capital by way of Preferential Allotment of Equity Shares to Government of India, LIC and its various schemes to the extent of Rs. 2100 crore, Indian Overseas Bank has now informed BSE that the Board at its meeting held on December 14, 2013 has considered and approved the following:...
16-12-2013
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Change in Directorate

Indian Overseas Bank has informed BSE that The Government of India, vide its notification dated December 12, 2013 and in exercise of the powers conferred by clause (h) of sub-section (3) and sub section 3-A of section 9 of The Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970/1980, read with sub-clause (1) of clause 3 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed Sri Sh. A.B.D....
16-12-2013
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Change in Directorate

Indian Overseas Bank has informed BSE that The Government of India, vide its notification dated December 05, 2013 and in exercise of the powers conferred by clause (h) of sub-section (3) and sub section 3-A of section 9 of The Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970/1980, read with sub-clause (1) of clause 3 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed Smt. S. Sujatha...
12-12-2013
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EGM on Dec 16, 2013

Indian Overseas Bank has informed BSE that the Extra Ordinary General Meeting (EGM) of the Bank will be held on December 16, 2013.
03-12-2013
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Allotment of Equity Shares to Govt. of India on preferential basis

With reference to the earlier announcement regarding the decision taken at the Board meeting of the Company held on November 11, 2013 about allotment of Equity Shares to Govt. of India on preferential basis and to constitute a Committee of Directors with powers delegated to carry out the same in compliance with SEBI -ICDR Regulations, Indian Overseas Bank has now informed BSE that the Committee of Directors for preferential issue of Shares met on...
19-11-2013
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Change in Directorate

Indian Overseas Bank has informed BSE that the Government of India, vide its notification dated November 13, 2013 and in exercise of the powers conferred by sub-section 3(h) and (3-A) of section 9 of The Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970/1980, read with sub-clause (1) of clause 3 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed Shri. Chinnaiah as Part Time Non...
14-11-2013
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Outcome of Board Meeting (EGM on Dec 16, 2013)

Indian Overseas Bank has informed BSE that Government of India - Ministry of Finance - Department of Financial Services have conveyed their decision to infuse capital funds to the Bank to the extent of Rs. 1200 crore and advised the Bank to take all preparatory steps in this regard.Accordingly the Board of Directors of the Bank at its meeting held on November 11, 2013 has considered and approved the following;...
12-11-2013
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Announces Q2 results & Results Press Release for the Quarter ended September 30, 2013

Indian Overseas Bank has announced the following results for the quarter ended September 30, 2013:The Unaudited results for the Quarter ended September 30, 2013The Bank has posted a net profit of Rs. 1325.50 million for the quarter ended September 30, 2013 as compared to Rs. 1584.30 million for the quarter ended September 30, 2012. Total Income has increased from Rs. 55150.20 million for the quarter ended September 30, 2012 to Rs....
25-10-2013
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Revision of Ratings by CRISIL Ltd

Indian Overseas Bank has informed BSE regarding "Revision of Ratings by CRISIL Ltd".
21-10-2013
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